bp awarded King Mariout Offshore exploration block in Egypt’s West Mediterranean
bp has been awarded an exploration block offshore Egypt following its successful participation in the limited bid round organised by the Egyptian Natural Gas Holding Company in 2021. The King Mariout Offshore area, with 100% bp working interest, is located approximately 20 kilometres west of the Raven field in the Mediterranean Sea. The block covers […]
Chevron signs agreement to drill first its exploration well in Egypt’s Mediterranean
US energy company Chevron is planning to drill the first exploration well in its concession area in the eastern Mediterranean next September, the firm’s president Mike Wirth said. The move comes as the Egyptian Natural Gas Holding Co., or EGAS, signed an initial agreement with the US company to cooperate in the activities of transporting, […]
Egypt to maximise gas production, LNG exports to Europe following Eni deal
Italian oil and gas company Eni and Egypt’s EGAS have agreed for the latter to increase the production and supply of gas to Europe. The Chairman of EGAS, Magdy Galal, and the COO Natural Resources of Eni, Guido Brusco, in Cairo on Wednesday signed a framework agreement that will allow maximising gas production and LNG exports. The […]
EGAS, DNV sign MOU to develop strategies to decarbonize Egypt’s Petroleum sector
Egyptian Natural Gas Holding Company and DNV sign MOU to develop strategies to decarbonize Egypt’s Petroleum sector. Egyptian Natural Gas Holding Company (EGAS) and DNV signed a memorandum of understanding (MOU) to develop a supporting hub to evaluate the technical and economic feasibility of decarbonizing the Egyptian Petroleum sector. The MOU is in response to […]
PGS releases new 3D GeoStreamer seismic data for Mediterranean Sea in Egypt
PGS has added five 3D seismic surveys to its data library offshore Egypt, to create new broadband 3D coverage of more than 18,700 sq km in recently awarded nearshore license blocks. Time-migrated data is available now, while final depth data will be ready in May 2022. The five surveys were acquired in 2021 by PGS, in collaboration with […]
Egypt announces Results of 2021 International Digital O&G Bid Round: Seven companies awarded eight concessions
Seven international companies were awarded exploration and production licenses for eight oil and gas concessions in the Mediterranean, the Western desert, and the Gulf of Suez, with a minimum investment value of c.USD 250 mn, the Oil Ministry said today. The licenses were awarded to Eni, BP, Apex International, Energean, United Energy, INA Naftaplin, and […]
Eni signs agreement with EEHC, EGAS to produce hydrogen in Egypt
Eni announces that it has signed an agreement with the Egyptian Electricity Holding Company (EEHC) and the Egyptian Natural Gas Holding Company (EGAS) to assess the technical and commercial feasibility of projects for the production of hydrogen in the country. The parties will conduct a study into joint projects to produce green hydrogen, using electricity […]
Deadline for Egypt’s International E&P Bid Round extended till 30 September
The deadline for Egypt’s first international oil and gas E&P tender of 2021 will be on 30 September, Oil Minister Tarek El Molla announced during a panel session organized by the American Chamber of Commerce in Egypt (AmCham Egypt). Several international oil companies had requested that the deadline be extended from the previously announced date […]
Intertek certifies EGAS with ISO 50001 for Energy Management Systems
Intertek certifies Egyptian Natural Gas Holding Company (EGAS) for energy management. Intertek, a Total Quality Assurance provider to industries worldwide announced it has awarded Egyptian Natural Gas Holding Co (EGAS) with the globally-recognised ISO 50001 certification for Energy Management Systems. EGAS is one of the first holding companies in the Egyptian oil and gas sector […]
El Molla: New Oil & Gas exploration tenders coming soon
Energy companies will get a chance to get their hands on new onshore and offshore exploration blocks within two weeks, when state-owned EGPC and EGAS will launch a new oil and gas exploration tender, Oil Minister Tarek El Molla told Gulf Intelligence. The tender will include offshore blocks in the Mediterranean and Nile Delta, as […]
